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Technology for Profit: How Technology Affects Your Parts-to-Labor Ratio

By George Russell posted on August 26, 2014 | Posted in Product Innovations & Introductions
Do you use parts-to-labor ratio as a key benchmark in your operation? This important rule of thumb maintains that for every dollar of labor sales, your dealership should generate one dollar of parts sales. Both parts and service should be your dealership's most profitable departments and this ratio helps drive profits in both areas.
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Ahead of the Curve: Is 3-D Printing Coming to a Dealership Near You?

By Dan Crummett posted on August 26, 2014 | Posted in Product Innovations & Introductions
Could 3-D printing revolutionize the parts and service department in the dealership of tomorrow? Robert Saik, author of The Agriculture Manifesto and founder and CEO of The Agri-Trend Group, thinks 3-D printing is one of the drivers that will shape agriculture in the next decade. Saik writes, I think this is going to revolutionize the parts and the equipment industry going forward and it's going to drastically change how we handle our inventories and the delivery of repair parts to farmers.
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Dealership Develops Own Parts In-House

July 18, 2014 | Posted in Best Practices
Loren Balzer, director of aftermarket for PrairieLand Partners, a 9-store John Deere dealership group in Kansas, shares how the dealership has come codeveloping their own parts and working with John Deere on others to increase the productivity of forage harvesting equipment.
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CLAAS Expands Dealer Network in Saskatchewan

May 27, 2014 | Posted in Dealers on the Move
In the wake of Kramer, Ltd. announcing its intent to exit the agricultural equipment business, CLAAS of America has made immediate plans to fill the gap left by its long-time dealer with two new, full-service dealerships in Saskatchewan. The move, part of a planned dealership expansion in western Canada, will ensure that CLAAS customers in the region will experience little or no disruption of service or support.
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Midwest Machinery Acquires 4 Locations from Northwood and Evergreen Equipment

October 2, 2013 | Posted in Dealers on the Move
Source: Atkin Independent Age
According to published reports, Northwood and Evergreen Equipment John Deere dealers have sold their four locations to Midwest Machinery of Glencoe, Minn. Midwest Machinery has dealerships in Glencoe, Howard Lake, Stewart, St. Cloud, Glenwood, Sauk Centre, Alexandria, Paynesville and Princeton, Minn., and has 170 employees. Northwood and Evergreen Equipment have four locations in Aitkin, Baxter, Little Falls and Pierz and has 60 employees.
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Bobcat Renovates Bismarck Production Facility Following Operations Expansion

June 28, 2013 | Posted in Manufacturer & Dealer Issues
Source: http://youtu.be/nt5YUqk8fg4.

Bobcat Company has completed a $6.5 million renovation at its Bismarck, N.D., production facility. The renovation makes the facility more conducive to Bobcat compact attachment production, which moved to Bismarck as part of an operations expansion last year. It also provides a more collaborative environment for non-production positions.


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Two Rate Cuts Possibly by Year End

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In this episode of On the Record, brought to you by Benzi America, Greg Roberg, vice president of sales for AgDirect, shares his expectations for potential rate cuts yet this year based on the FOMC’s comments in late July. In the Technology Corner, Noah Newman highlights the upcoming Precision Specialist Week. Also in this episode, one manufacturer who supplies a number of OEMs says “Ag is on the fastest roller coaster ride down in a quarter-century” and TractorZoom’s Andy Campbell provides an outlook on the used equipment market for the remainder of 2024.
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At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
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